An Echelon Media Company
Tuesday July 23rd, 2024
Tea

Sri Lanka tea exports down 8–pct in Sept, prices up

In the nine months of 2022 Sri Lanka exports fell 9 percent to 192.60 million kilograms.

October 16, 2022 2 min read

Sri Lanka’s medium grown tea prices fall in September 4th-week sale

Data shows tea prices across all elevations have fallen between 100 to 200 rupees

October 9, 2022 3 min read

Sri Lanka tea sold at historic high prices in September 2022

In dollar terms, the average sale price for Sri Lankan tea had been 4.41 dollars per kilogram

October 9, 2022 2 min read

Sri Lanka tea exports down 9.7–pct in August, rupee earnings hit record

The average tea price in August hit 1,951.82 rupees per kilogram

September 18, 2022 1 min read
Sri Lanka tea exports up 4.2-pct in May 2023

In 2023 so far, the country has exported around 91 million kilos.

Sri Lanka rupee depreciation drives Ceylon Tea prices up

In the weakening of rupee tea prices and buyers making purchases only for immediate shipments.

Sri Lanka to reimburse tea exporter promotional costs

ECONOMYNEXT – The Sri Lankan government is to reimburse 19 tea exporters half their international promotional cos...

July 25, 2018 1 min read

Sri Lanka may lose Japan tea market due to continued glyphosate ban

Sri Lanka is facing the risk of a complete ban on tea exports to Japan due to the use of alternative weedicides to glyph...

July 2, 2018 3 min read

Sri Lanka’s Hatton Plantations to build more tea factories

ECONOMYNEXT – Sri Lanka’s Hatton Plantations PLC plans to build more tea factories as it seeks to take adv...

June 8, 2018 2 min read

Tough going for Sri Lanka tea extracts business

ECONOMYNEXT – Sri Lanka’s Hayleys group has said its tea extracts business has found the going slow owing ...

June 7, 2018 1 min read

Sri Lanka tea auction average prices slip below 2017 levels

ECONOMYNEXT – Sri Lankan tea prices fell at this week’s Colombo auction with the cumulative auction averag...

June 7, 2018 1 min read

Sri Lanka plantations should start wage negotiations early: minister

Sri Lanka's regional plantations companies - commercial farms growing tea, rubber and oil palm - should start wage negot...

June 3, 2018 2 min read

Sri Lanka floods to hit tea supplies to auctions

Sri Lanka's torrential rains are expected to disrupt tea supplies and reduce volume coming to forthcoming auctions, thou...

May 24, 2018 2 min read

Sri Lankan tea prices rise on weaker rupee, lower volumes

ECONOMYNEXT – Prices of several grades of Sri Lankan tea rose sharly at this week’s one-day auction in Col...

May 3, 2018 1 min read

Sri Lanka's glyphosate ban cost Rs35bn in crop losses: farm managers

Sri Lanka's tea farm managers say a ban on the popular weedicide glyphosate without using scientific evidence, which end...

May 2, 2018 2 min read

Sri Lanka tea crop seen increasing as rains return

ECONOMYNEXT – Sri Lankan tea production, which has been hit badly in recent years by bad weather, is seen increas...

March 16, 2018 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka packeted tea exports fall in January

ECONOMYNEXT – Sri Lanka’s tea export earnings rose sharply in January 2018 from a year ago, as the crop al...

February 23, 2018 1 min read

Sri Lanka's Hatton Plantations December net profit Rs94mn

ECONOMYNEXT - Sri Lanka's Hatton Plantations, which debuted on the Colombo Stock Exchange last Friday, made a net profit...

February 9, 2018 2 min read

Sri Lanka’s Talawakelle Tea December quarter profit almost doubles

ECONOMYNEXT – Sri Lanka’s Talawakelle Tea Estates said net profit almost doubled to Rs153.6 million in the...

February 1, 2018 1 min read

Sri Lanka Tea Board to put criminal factory owners out of business

ECONOMYNEXT – Sri Lankan tea factories owned by people who adulterate black tea to get higher prices will be shut...

January 30, 2018 2 min read

Sri Lanka to crackdown on tea trade corruption

ECONMYNEXT – Sri Lanka’s Minister of Plantation Industries Naveen Dissanayake said he wants to focus on cl...

January 26, 2018 2 min read

Turkey buys more Sri Lankan tea for blending, re-export

ECONOMYNEXT – Turkey sharply increased imports of Sri Lankan tea in 2017 for blending and re-export, emerging as ...

January 25, 2018 1 min read

Sri Lankan tea exports to China up 30-pct in 2017

ECONOMYNEXT – Sri Lanka’s tea exports to China surged 30% to 9.9 million kilos in 2017 from the year befor...

January 25, 2018 2 min read

Sri Lanka 2017 tea production up 5-pct to 307mn kg, exports $1.5bn

ECONOMYNEXT –Sri Lanka’s tea industry recovered in 2017 with the crop up 5% to 307 million kilos from a ye...

January 25, 2018 1 min read

Sri Lanka to set up monitoring agency for plantations firms

ECONOMYNEXT – The Sri Lankan government plans to set up a monitoring agency to closely supervise the work of regi...

January 24, 2018 2 min read

Sri Lanka Tea Board in deal to increase exports to Turkey

ECONOMYNEXT - Sri Lanka is to enter into an agreement on agricultural cooperation with Turkey, one of the main markets ...

January 17, 2018 1 min read